The Woodlands Market Update
Jutta “Utah” Burden’s Market Update |
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Existing Home Sales Remain Up Existing-home sales had another strong showing in May with gains reported in the West and South. According to a June report by the National Association of Realtors® (NAR), existing home-sales are on an annual pace to reach 5.66 million units for the year, approximately 19 percent above 2009 levels. Lawrence Yun, NAR chief economist Lowest Mortgage Rates Since 1950s Home buyers are getting another boost this summer with incredibly affordable financing. The average 30-year fixed-rate loan dropped in June to 4.69 percent, according to Freddie Mac. These rates are the lowest on record for the 30-year loan, and comparable with the shorter 20-year home loans offered in the 1950s. These low rates offer today’ Sellers: Get Your Home Ready For Sale When preparing your home for sale, a number of simple cosmetic changes often provide the biggest return on investment. Here are three tips to upgrade your house without breaking the bank: Bring in the light . The right light creates the right mood. Adding lights to dark rooms can make your home feel warm and inviting. Bring outdoor light ins |
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The Woodlands Home Buyers, The Woodlands Home Sellers, Tips from Your Woodlands Realtor | Jutta "Utah" Burden |
July 21, 2010 1:45 pm
